Pacific Current Group (ASX:PAC) Shares Pass Below 50-Day Moving Average of $5.43

Pacific Current Group Ltd (ASX:PAC)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.43 and traded as low as $4.25. Pacific Current Group shares last traded at $4.34, with a volume of 65,792 shares traded.

The stock has a market cap of $228.66 million and a price-to-earnings ratio of -11.50. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.53 and a current ratio of 1.64. The stock’s 50-day simple moving average is A$5.43 and its two-hundred day simple moving average is A$6.27.

The company also recently announced a Interim dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.10 per share. This represents a yield of 1.77%. The ex-dividend date of this dividend is Thursday, March 5th. Pacific Current Group’s dividend payout ratio is -50.00%.

Pacific Current Group Company Profile (ASX:PAC)

Pacific Current Group Limited engages in multi-boutique asset management business worldwide. It manages assets for institutional and individual clients. The company was formerly known as Treasury Group Ltd and changed its name to Pacific Current Group Limited in October 2015. Pacific Current Group Limited is based in Sydney, Australia.

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